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Agri ministry plans to launch new national seed mission

The ministry of agriculture has decided to come up with a national seed mission over and above all its existing seed policies. Officials said the seed sector needs a policy initiative which was expected to come with the new Seed Act 2004, replacing the current Seed Act 1966. However, this Bill is still building a consensus on the crucial issues of marketing only certified seeds and compensation to farmers for .....

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Onion rebounds after cut in export floor price

Onion prices rebounded on Friday after dropping to an eight-month low, after the Centre notified the lowering of minimum export price (MEP) to $350 a tonne. The modal price or the rate at which most trades took place in onion has crashed to Rs 421 a quintal on Thursday at the Lasalgaon Agricultural Produce Marketing Committee yard due to lack of demand. On March 11, onion's modal price had touched .....

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India Guar Seed Likely To Gain On Firm Exports

Guar traded with high volatility as profit booking at higher levels was noted. But it found some support from improved export queries. Arrivals of the new crop from Rajasthan and Haryana continued but traders expect a rise in exports in coming weeks to determine the market trend. Gujarat arrivals to start over next few days. Fall in export demand due to uncertainties in the European markets has been pressurizing market sentiments as .....

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India to oppose plan to curb food export freedom

Rich nations are likely to seek a ban on food export curbs as part of a solution to the global food crisis, a move India vows to fight vehemently. Developed countries, including the US and the EU, are likely to move the proposal, which also calls for eliminating import duties on so-called environment products, at the World Trade Organization ministerial in December in Geneva. India tightly controls food exports to .....